Arbitral Digest

Matter

Chevron Bangladesh Block Twelve, Ltd. and Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd. v. People's Republic of Bangladesh and Bangladesh Oil Gas and Mineral Corporation (ICSID Case No. ARB/24/39)

Case no.
ARB/24/39
Applicable rules
ICSID Arbitration Rules in force as of July 1, 2022
  1. 4 April 2025Arbitration

    4 April 2025Arbitration

    Procedural Order No. 1

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal established the procedural rules governing the arbitration, including the 2022 ICSID Arbitration Rules as amended by the Order and Procedural Order No. 2, and adopted the attached procedural timetable.

    Supporting details

    4 authorities · 26 participants
    Chevron Bangladesh Block Twelve, Ltd.
    Representative
    Matthew Skinner (For: Chevron Bangladesh Block Twelve, Ltd. · Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd.)
    Representative
    Marie Stoyanov (For: Chevron Bangladesh Block Twelve, Ltd. · Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd.)
    Representative
    Bianca Vasilache (For: Chevron Bangladesh Block Twelve, Ltd. · Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd.)
    Representative
    Suhan Khan (For: Chevron Bangladesh Block Twelve, Ltd. · Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd.)
    Representative
    Mamun Chowdhury (For: Chevron Bangladesh Block Twelve, Ltd. · Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd.)
    Representative
    Sayedul Munim (For: Chevron Bangladesh Block Twelve, Ltd. · Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd.)
    Representative
    Rana Kawar (For: Chevron Bangladesh Block Twelve, Ltd. · Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd.)
    Representative
    Meredith Craven (For: Chevron Bangladesh Block Twelve, Ltd. · Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd.)
    Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd.
    Representative
    Matthew Skinner (For: Chevron Bangladesh Block Twelve, Ltd. · Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd.)
    Representative
    Marie Stoyanov (For: Chevron Bangladesh Block Twelve, Ltd. · Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd.)
    Representative
    Bianca Vasilache (For: Chevron Bangladesh Block Twelve, Ltd. · Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd.)
    Representative
    Suhan Khan (For: Chevron Bangladesh Block Twelve, Ltd. · Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd.)
    Representative
    Mamun Chowdhury (For: Chevron Bangladesh Block Twelve, Ltd. · Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd.)
    Representative
    Sayedul Munim (For: Chevron Bangladesh Block Twelve, Ltd. · Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd.)
    Representative
    Rana Kawar (For: Chevron Bangladesh Block Twelve, Ltd. · Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd.)
    Representative
    Meredith Craven (For: Chevron Bangladesh Block Twelve, Ltd. · Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd.)
    People's Republic of Bangladesh
    Representative
    Christina Hioureas (For: People's Republic of Bangladesh · Bangladesh Oil Gas and Mineral Corporation)
    Representative
    Sudhanshu Roy (For: People's Republic of Bangladesh · Bangladesh Oil Gas and Mineral Corporation)
    Representative
    Jago Chanter (For: People's Republic of Bangladesh · Bangladesh Oil Gas and Mineral Corporation)
    Representative
    Baldomero Casado (For: People's Republic of Bangladesh · Bangladesh Oil Gas and Mineral Corporation)
    Representative
    Katie Weiner (For: People's Republic of Bangladesh · Bangladesh Oil Gas and Mineral Corporation)
    Representative
    Shahdeen Malik (For: People's Republic of Bangladesh · Bangladesh Oil Gas and Mineral Corporation)
    Representative
    Cynthia Farid (For: People's Republic of Bangladesh · Bangladesh Oil Gas and Mineral Corporation)
    Representative
    Mst. Moursheda Ferdous (For: People's Republic of Bangladesh · Bangladesh Oil Gas and Mineral Corporation)
    Representative
    Md. Thanvir Hussain (For: People's Republic of Bangladesh · Bangladesh Oil Gas and Mineral Corporation)
    Representative
    Mohammed Adnan Sayed (For: People's Republic of Bangladesh · Bangladesh Oil Gas and Mineral Corporation)
    Bangladesh Oil Gas and Mineral Corporation
    Representative
    Christina Hioureas (For: People's Republic of Bangladesh · Bangladesh Oil Gas and Mineral Corporation)
    Representative
    Sudhanshu Roy (For: People's Republic of Bangladesh · Bangladesh Oil Gas and Mineral Corporation)
    Representative
    Jago Chanter (For: People's Republic of Bangladesh · Bangladesh Oil Gas and Mineral Corporation)
    Representative
    Baldomero Casado (For: People's Republic of Bangladesh · Bangladesh Oil Gas and Mineral Corporation)
    Representative
    Katie Weiner (For: People's Republic of Bangladesh · Bangladesh Oil Gas and Mineral Corporation)
    Representative
    Shahdeen Malik (For: People's Republic of Bangladesh · Bangladesh Oil Gas and Mineral Corporation)
    Representative
    Cynthia Farid (For: People's Republic of Bangladesh · Bangladesh Oil Gas and Mineral Corporation)
    Representative
    Mst. Moursheda Ferdous (For: People's Republic of Bangladesh · Bangladesh Oil Gas and Mineral Corporation)
    Representative
    Md. Thanvir Hussain (For: People's Republic of Bangladesh · Bangladesh Oil Gas and Mineral Corporation)
    Representative
    Mohammed Adnan Sayed (For: People's Republic of Bangladesh · Bangladesh Oil Gas and Mineral Corporation)
    International Centre for Settlement of Investment Disputes
    Tribunal secretary
    Geraldine R. Fischer

    Authorities cited

    4
    • Convention on the Settlement of Investment Disputes between States and Nationals of Other States (ICSID Convention)
      treaty
    • ICSID Arbitration Rules in force as of July 1, 2022
      rules
    • IBA Rules on the Taking of Evidence in International Arbitration (2020)
      rules
    • Chartered Institute of Arbitrators Protocol for the Use of Party-Appointed Expert Witnesses in International Arbitration
      rules

    3 days later · 3 days

  2. 7 April 2025Arbitration

    7 April 2025Arbitration

    Procedural Order No. 2 on Transparency and Confidentiality

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal adopted transparency and confidentiality rules for the proceedings. ICSID is to publish the Tribunal's orders and decisions subject to agreed or determined redactions, while the Award is to be published in excerpts because the Claimants consented to publication and the Respondents did not; written submissions, supporting documents, hearings, transcripts and recordings are not to be published unless the stated consent requirements are met.

    Supporting details

    2 authorities · 8 participants
    Chevron Bangladesh Block Twelve, Ltd.
    Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd.
    People's Republic of Bangladesh
    Bangladesh Oil Gas and Mineral Corporation
    International Centre for Settlement of Investment Disputes
    Tribunal secretary
    Geraldine R. Fischer

    Authorities cited

    2
    • Convention on the Settlement of Investment Disputes between States and Nationals of Other States (ICSID Convention)
      treaty
    • ICSID Arbitration Rules 62-66
      rules

    1 year, 2 months and 5 days later · 431 days

  3. 12 June 2026Arbitration

    12 June 2026Arbitration

    Procedural Order No. 3 on Document Production

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal ordered the Claimants' external lawyers to confirm by 26 June 2026 that attachments withheld as privileged had been individually examined and withheld because inferences could be drawn about legal advice. It ordered production of documents withheld under Clause 19 of the Trust Deed subject to appropriate confidentiality protection and otherwise dismissed the Respondents' application.

    Supporting details

    6 authorities · 8 participants
    Chevron Bangladesh Block Twelve, Ltd.
    Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd.
    People's Republic of Bangladesh
    Bangladesh Oil Gas and Mineral Corporation
    International Centre for Settlement of Investment Disputes
    Tribunal secretary
    Geraldine R. Fischer

    Authorities cited

    6
    • IBA Rules on the Taking of Evidence in International Arbitration (2020)
      rules
    • Bangladesh Evidence Act 1872
      statute
    • Bangladesh Bar Council Canons of Professional Conduct and Etiquette
      professional rules
    • Bangladesh Legal Practitioners and Bar Councils Order 1972
      order
    • Clayton v. Canada
      case
    • T. Zuberbühler et al., Commentary on the IBA Rules
      commentary

Matter record

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Chevron Bangladesh Block Twelve, Ltd. and Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd. v. People's Republic of Bangladesh and Bangladesh Oil Gas and Mineral Corporation (ICSID Case No. ARB/24/39) · Matter